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QUESTION 18 Which of the following statements is true? A stop buy order is an order to buy as soon as the price is at
QUESTION 18 Which of the following statements is true? A stop buy order is an order to buy as soon as the price is at or below a stipulated level. A market order is a price contingent order. A limit buy order is an order to buy if the price is at or above a stipulated level. A stop loss order is a price contingent order. QUESTION 19 An index consists of 3 stocks: A, B and C. At date 0, the prices per share for A. B and C are $10, $60, and $20, respectively. At date 0, the number of shares outstanding for A, B, and C are 100, 120, and 3000 respectively. At date 1, the prices per share for A, B and C are $12. $22, and $18, respectively. At date 1, the number of shares outstanding for A, B, and C are 100, 480, and 3000 respectively. A value weighted index consists of these 3 stocks has a value equal to 900 at time 0. What is the value of that index at time 1? Click Save and Submit to save and submit. Click Save All Answers to save all answers Save All
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